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Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) reported results of the first two holes of a recently completed ten-hole diamond drill program. Holes 13GCH009 and 010 intercepted significant widths of high grade, near surface graphite, extending mineralization an additional 400m to the east.
As quoted in the press release:
Graphite One has received results for drill-holes 13GCH009 and 13GCH010 which tested surface graphite showings with a coincident high priority Electro-Magnetic conductor, approximately 400m east of the existing Inferred Resource delineated during 2012 (see map attached). The results are summarized in the Table below and highlights include 102.11m of 3.27% Graphitic Carbon (“Cg”); including 39.85m of 7.13% Cg and 16.2m of 10.22% Cg. All drill holes will be used to produce an updated NI 43-101 compliant graphite resource. Drill sections are attached in an Appendix.
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